Tag: DoL

Staunchly supporting the DOL’s fiduciary proposal, the Financial Planning Coalition calls out recent legislative stall tactics.

ERISA attorney David Levine offers a few thoughts about the potential road ahead for auto-IRAs and state-run open MEPs for the private sector.

Industry insiders are divided on whether this is a good idea.

States offering retirement planning solutions to private-sector workers got their first look at a few highly anticipated (and increasingly controversial) pieces of regulatory guidance this week. 

Congressional representatives seek to protect retirement investors and stall DOL fiduciary rule.

The Retail Investor Protection Act is likely to be vetoed by the White House.

Phyllis Borzi revealed some of the thoughts behind certain DOL initiatives, and asked for help from the industry.

Speaking at a Brookings Institution public meeting, U.S. Secretary of Labor Thomas Perez said he is “confident we will be making changes to improve and clarify our proposal.”

Thinking the retirement industry has failed to deliver on its goals, state governments are trying to get into the retirement business.

In a letter to the DOL, members of Congress ask that changes made to the proposed fiduciary rule be submitted for review to the public before sending to...

April 30, 2016, is the deadline for employers using pre-approved retirement plan documents to sign an updated version of their 401(k), profit-sharing or other defined contribution retirement plans.

Under the proposed DOL fiduciary definition, the types of information given to participants are restricted or permitted and the adviser’s compensation model will also be affected. Yet advisers...

The Republican-controlled House Financial Services Committee approved H.R. 1090, the “Retail Investor Protection Act,” for potential consideration by the floor.

To expand private-sector coverage, a new report from the GAO calls for Congress to amend the ERISA pre-emption provision.

A vast majority of individuals say they are open to the idea of in-plan lifetime income options, but only about one in five DC plan sponsors say they’re...

Nearly all American investors agree financial advisers should be required to proactively disclose conflicts of interest, actual or potential, to would-be clients. 

DOL says the proposed rule has been sent to the Office of Management and Budget.

Clarifying regulations could help plan sponsors choose plan investments, the GAO says.

A lawsuit says BAT Masonry was valued at $13 million less than what its ESOP paid for company stock.